Michael Jakob
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ct-economics.bsky.social
Michael Jakob
@ct-economics.bsky.social

Independent researcher and consultant - climate economics

Economics 41%
Energy 20%

Tim's book can be found here:

global.oup.com/academic/pro...
global.oup.com

Tim Lenton has published a new book on positive tipping points, which includes a lot of food for thought. I reviewed it for Nature.
Don’t despair, collective action can address climate change
Even small acts can make a big difference in driving positive environmental impacts.
www.nature.com

Read more in my (open access) book on climate optimism: doi.org/10.1007/978-...
The Case Against Climate Doom
This open access book provides hope against climate pessimism and outline practical ways to combat climate change.
doi.org

More than 60 countries have implemented just transition policies with local stakeholders, such as labor unions and environmental NGOs to ensure that no one is left behind in the transition to climate neutrality.
Mapping justice in national climate action: a global overview of just transition policies - Grantham Research Institute on climate change and the environment
This report seeks to map globally which countries are integrating ideas associated with the just transition into domestic climate policy, and how. It focuses on economy-wide and energy policies and pr...
www.lse.ac.uk

The Loss and Damage Fund has been agreed and first contributions have been pledged at COP29 last year. Even though the overall amount is still small, this instrument can propel future cooperation on climate issues.
unfccc.int

A New Collective Quantified Goal of USD 300 billion has been agreed on at COP 29 in Baku in 2024.
unfccc.int

The goal of mobilizing USD 100 billion per year in climate finance was reached for the first time in 2022.
Climate Finance Provided and Mobilised by Developed Countries in 2013-2022
The report outlines the aggregate trends in annual climate finance provided and mobilised by developed countries for climate action in developing countries over the period 2013-2022. It presents these...
www.oecd.org

Survey question: "To succeed, the transition to a climate-neutral economy must also address inequalities"

A poll by the EIB showed that the majority of respondents from the EU, Canada, the UK, Japan, India, China and the US agreed that the transition to a climate-neutral economy must also address inequalities (see figure in next post).
EIB climate survey
Since 2018, the EIB has been organising large-scale climate surveys across Europe, China and the US. The aim is to inform the broader debate on citizens’ attitudes and expectations in terms of climate...
www.eib.org

Reasons for climate optimism – part 8

Rich nations’ historical responsibility for climate damages as well as their responsibility to support mitigation and adaptation in other countries is increasingly recognized. This can incentivize governments to cooperate on climate issues.

Hätte nicht gedacht, dass ich das noch erleben darf/muss....

Reposted by Michael Jakob

We're looking for 1-2 new research assistants in my group @pik-potsdam.bsky.social. Mostly interesting for Berlin-based students. Pls apply before November 23rd.

Read more in my (open access) book on climate optimism: doi.org/10.1007/978-...
The Case Against Climate Doom
This open access book provides hope against climate pessimism and outline practical ways to combat climate change.
doi.org

Disclosure requirements, such as the EU Sustainable Finance Taxonomy, help to guide investment decisions toward climate-friendly activities and several countries have implemented such schemes or are currently developing them.
finance.ec.europa.eu

There are currently more than 1,600 institutional investors, accounting for a combined value of more than USD 40 trillion, who have decided to pull their money out of fossil fuels (see figure showing the number of institutions that divest and the amount managed).

In 2023, 12% of venture capital went to climate technologies more than USD 70 billion in total.
Climate Tech Guide
Global Climate Tech capital trends: main segments, geographies, comparison with other venture capital sectors and much more.
dealroom.co

In 2021 The Economist put together a portfolio of clean energy companies, including makers of solar cells, wind turbines, electric vehicles, and batteries. These companies had a market capitalization of about USD 3.7 trillion and within a year had gained twice as much in value as the market average.
A green bubble? We dissect the investment boom
Investors of all stripes are getting on board
www.economist.com

Reasons for climate optimism – part 7

Climate-conscious investors are divesting from fossil fuels, and major institutional investors are changing their strategies to avoid stranded assets.

Read more in my (open access) book on climate optimism.
The Case Against Climate Doom
This open access book provides hope against climate pessimism and outline practical ways to combat climate change.
doi.org

Climate cases are filed to international bodies dealing with human rights issues. For instance, in 2024, the European Court of Human Rights ruled in favor of a group of senior citizens that the government of Switzerland for not doing enough to prevent health impacts.
European court rules human rights violated by climate inaction
"We are not made to sit in a rocking chair and knit," said one of the older Swiss women who won.
www.bbc.com

Litigation is also used to hold companies accountable. To date, 26 such lawsuits are underway, e.g. against ExxonMobile for withholding information on climate change from the public.
climateintegrity.org

In the Netherlands the Urgenda Foundation and some 900 citizens sued the Dutch government, demanding more action to prevent global warming. This resulted in a 2015 decision by the District Court of The Hague that required emission reductions of at least 25 percent below 1990 levels by 2020.
Global Climate Litigation Report: 2025 Status Review
Climate Change in the courtroom: Trends, impacts, and emerging lessons is the fourth edition of a series first launched in 2017. Drawing on data from the Sabin Center’s Climate Change Litigation Datab...
www.unep.org

From hardly any climate litigation before 2000, legal action picked up in the late 2000s, reaching almost 100 cases per year globally. This trend has continued, with more than 200 annual climate cases by the early 2020s. In total, more than 2,000 climate cases have been brought to court.
Global Climate Litigation Report: 2023 Status Review
Climate litigation represents a frontier solution to change the dynamics of the fight against climate change. This Global Climate Litigation Report: 2023 Status Review shows that people are increasing...
www.unep.org

Reasons for climate optimism – part 6

Ctizens and civil society increasingly use litigation to hold governments and companies accountable, forcing decision makers to raise their climate-policy ambition.

Thanks a lot @chrisnelder.bsky.social for hosting me on the Energy Transition Show @transitionshow.bsky.social and giving me the opportunity to present my book on climate optimism.
[Episode #261] – The Case Against Climate Doom | The Energy Transition Show
We review some examples of social, political, and technological approaches to climate change mitigation that should give us reason to be optimistic.
xenetwork.org

Read more in my (open access) book on climate optimism: doi.org/10.1007/978-...
The Case Against Climate Doom
This open access book provides hope against climate pessimism and outline practical ways to combat climate change.
doi.org

Even unpopular actions (such as disrupting traffic) have the potential to promote political change by sparking a debate that brings climate change to the top of the political agenda.
How effective are climate protests at swaying policy — and what could make a difference?
Why people take to the streets to march against global heating is relatively well documented. But it’s unclear why certain tactics work better than others in reaching the public and policymakers.
www.nature.com

Since March 2022, almost 120 climate protests initiated by youth movements, labor unions, indigenous organizations and political parties that have taken place since March 2022 (see figure from carnegieendowment.org/features/cli...)

In the US, the ‘We are still in’ coalition of almost 4,000 leaders from organizations that represent more than 155 million Americans has declared that they would honor the Paris Agreement despite the Trump administration’s withdrawal.
| We Are Still In
We are the players in the real American economy and we pledge to do our part to fulfill the promise of the #ParisAgreement.
www.wearestillin.com

The Green Belt Movement, a grassroots organization from Kenya, operating since 1977, has planted more than 50 million trees and increased women’s participation in economic and political life (its founder Wangari Muta Maathai was the first African woman to be awarded the Nobel Peace Prize, in 2004).
The Green Belt Movement
www.greenbeltmovement.org